Tether Mints Additional $1 Billion in USDT Stablecoins
Blockchain data indicates another $1 billion worth of USDT (U.S. dollar-pegged stablecoin) has been issued, continuing Tether’s expansion of circulating supply.
USDT
Summary
No Summary provided as the original text is short
Terms & Concepts
USDT: A stablecoin issued by Tether Limited that aims to maintain a 1:1 peg with the U.S. dollar.
Stablecoin: A cryptocurrency designed to maintain a stable value relative to a fiat currency like the U.S. dollar.
Minting: The process of creating new tokens or coins on a blockchain network.